Quote:
Originally Posted by Arctic Fox
Many countries have switched to "Chip & PIN" credit cards
The waitress comes to your table with a wireless card-reader and puts your card in it, then you enter your PIN
The card never leaves your sight and, unless you give out your PIN, even losing your card won't compromise it.
Not perfect, but a lot safer than having your card taken away or relying on the merchant matching your signature and asking for photo ID
Maybe we could all ask our banks when they will be introducing chip & pin?
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Chip and pin will be implemented supposedly by October 2015. EMV compliance is required for credit card acquirers and processors, though it’s not mandated for merchants and processors. But merchants who don’t meet compliance by October 2015 will assume liability for fraudulent purchases—a shift that is poised to drive many to adopt the new standards and avoid the risk.
Here's more about it:
Chip-And-PIN Credit Card Changeover In 2015 - Business Insider